India to be in one of our top 10 markets: Mercedes-Benz

India to be in one of our top 10 markets: Mercedes-Benz

Mercedes-Benz India today announced the local production of the new S-class 350 CDI from its manufacturing facility in Chakan, Pune. In an interview to CNBC-TV18, managing director and CEO Eberhard Kern spoke about the company's upcoming plans. The luxury car market in India registered growth even as the rest of the passenger car market skidded to its worst performance in years.

Continuing the upbeat tone, he said that the company is optimistic about the future and the sentiment has improved with the new government in place. He added that the luxury car market is doing better now and the company has plenty of launches lined up for India in the coming years.

Continuing the upbeat tone, he said that the company is optimistic about the future and the sentiment has improved with the new government in place. He added that the luxury car market is doing better now and the company has plenty of launches lined up for India in the coming years.

Further, Kern sees potential for strong demand pick up in coming years.